Expert Stock Market Investment Advice
Lombardi Publishing was originally established in 1986 as an investment newsletter publisher offering stock market advice to its readers. Today, we publish 25 paid-for investment letters most of which provide stock market advice. Profit Confidential is our daily free e-letter that goes to all our Lombardi Financial customers and to any investor who wishes to opt-in in to receive it. Written by Lombardi Financial editors who have been offering stock market advice for year to Lombardi customers, Profit Confidential provides a macro-picture on where the stock market is headed, what sectors are hot, what sectors to avoid. Our two most recent and popular calls were telling investors to bail from stocks in 2007 and telling investors to jump back into the stock market in March of 2009. Timely stock market advice that worked well for the Profit Confidential family of readers.
There was a stock market correction on Wednesday following a mini rally that drove some impressive upward gains in four of five sessions. I feel there is too much relaxation in the market, with traders ignoring the higher stock market risk.
One of the stock market’s darling large-cap stocks has been Caterpillar Inc. (NYSE/CAT), up until recently. The stock hit a new record high of $116.55 around May of this year, retreated to the $95.00 per share level and fought its way back to $110.00. The stock then fell off a cliff in mid-July and is now trading between $75.00 and $80.00 a share.
Something different for my readers today… I’m going to talk about food. But don’t worry; in the end, I’ll relate it back to the economy and the stock market, as I eventually do with all my stories. Okay, so I’m eating out every night here in Florence. And when I look around, I see few people with a bottle of wine at their table. Wine, inItaly— isn’t it cheap here?
What a day for the market yesterday. Wherever we looked, we saw a sea of deep red. Stocks got chopped. Gold was down. Bonds were down. My dear reader, you’ll read opinions here in PROFIT CONFIDENTIAL that you will not read elsewhere. (Maybe that’s why 30,000 people a month are flocking to us!). Here’s the bottom line as I see it…
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